https://iaeme.com/Home/issue/IJM 1732 editor@iaeme.com International Journal of Management (IJM) Volume 11, Issue 7, July 2020, pp.1732-1742, Article ID: IJM_11_07_155 Available online at https://iaeme.com/Home/issue/IJM?Volume=11&Issue=7 ISSN Print: 0976-6502 and ISSN Online: 0976-6510 DOI: 10.34218/IJM.11.7.2020.155 © IAEME Publication Scopus Indexed EFFECT OF CORPORATE GOVERNANCE ON FIRM PERFORMANCE: MODERATING ROLE OF FIRM SIZE IN PAKISTAN Waseemullah* Lecturer in Department of Management Sciences, University of Gujrat, Gujrat, Pakistan Sajid Mehmood Lecturer in Department of Management Sciences, University of Gujrat, Gujrat, Pakistan Muhammad Sajid Amin Lecturer in Commerce Department, The Islamia University of Bahawalpur, Pakistan Kashif Raza PhD Management Science and Engineering, Dongbei University of Finance and Economics, Dalian, China *Corresponding Author ABSTRACT The study looks into the importance of firm size in the corporate governance index- performance relationship in Pakistani family businesses. The research uses a corporate governance index (CGI) that was developed using sound corporate governance practices. The results reveal that large sized family firms have gained higher score of corporate governance. Further, the findings confirm the positive monitoring impacts on family firms’ performance and however, firm size shows a little effect on the CGI- performance relationship. These results suggest that large sized family firms should further improve the quality of both internal and external CG system of the firm with true spirit of integrity rather just the compliance of law to strengthen the CG-performance relationship. Key words: Corporate Governance; Firm Performance; Firm Size; Family Firms; Firm Monitoring. Cite this Article: Waseemullah, Sajid Mehmood, Muhammad Sajid Amin and Kashif Raza, Effect of Corporate Governance on Firm Performance: Moderating Role of Firm Size in Pakistan, International Journal of Management (IJM), 11(7), 2020, pp. 1732-1742. https://iaeme.com/Home/issue/IJM?Volume=11&Issue=7